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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Tuxedo Atrium | 7.4% Cap Rate
Buckhead/Atlanta Location
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Table of Contents
Executive Summary
Photos
Survey
Floor Plan
Rent Roll and Expenses
Surrounding Retail Map
Buckhead Highlights and Hotels
Location Map
Demographics and Traffic Count
About the Area
Broker Profile
Confidentiality Agreement
3 4 5 6 7 8 9 10 11 12 13 14
For more information, please contact: Andy Lundsberg Partner (404) 876-1640 x 107 [email protected] Bull Realty, Inc. 50 Glenlake Parkway Suite 600 Atlanta, GA 30328 www.BullRealty.com
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Executive Summary
TUXEDO ATRIUM
Property Address 3833 Roswell Road Atlanta, GA 30342
County Fulton County
Property Size +/- 27,861 sq ft | +/- 1.14 acres
Property Type Office/Medical/Retail multi-tenant, one-story office building with approx. 23 surface and 75
covered onsite parking spaces
Year Built 1986
Occupancy 85%
Traffic Count +/- 26,207 Vehicles per day on Roswell Road
Topography Gentle Slope to provide for lower level covered parking garage
Parking +/- 98 Spaces | Ratio 3.5/1,000 sq ft
Signage Landmark signage on Roswell Road and on front and side of building
2014 Taxes $57,130
Zoning C-1
Great owner/user or investor opportunity to purchase a freestanding land-mark office/retail building in the affluent Buckhead neighborhood of Atlan-ta. The property has excellent retail exposure on Roswell Road, with traffic counts of over 26,207 vehicles per day. The building is currently 85% occu-pied. Amenities include up front guest parking and a large covered parking garage, as well as an on-site café. Buckhead offers one of the highest family incomes in the Southeast with income levels averaging in excess of $131,716 within a one mile radius. Buckhead is at the center of Atlanta's most thriving district for business, shopping, fine dining, and nightlife. +/- 192 feet frontage and prominent signage on Roswell Road in Buckhead Up front parking and a large, private covered parking garage below the building Several long term tenants Below market rents allow for tremendous upside in leasing vacant space Excellent exposure with monument and building signage on busy Roswell Road Priced below replacement cost Offered for SALE at $4,300,000 ($154.33/sq ft) Cap Rate: 7.4% Current / 9% Pro Forma
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area
Representative Photo
Photos
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area
Representative Photo
Survey
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Floor Plan
Occupied
Available
Covered Parking Below
Occupied
Occupied
Ava
ilab
le
Floor plan is not drawn to scale and is to be used for illustration purposes only.
Occupied
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Rent Roll and Expenses
A detailed rent roll and list of expenses is available with the submission of a completed Confidentiality Agreement which can be found on the last page of this brochure.
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Surrounding Retail Map
1.7 Miles to Sandy Springs 2.5 Miles to Brookhaven 10.5 Miles to Downtown Atlanta
400
Rosw
ell R
oad
- 26
,207
VPD
56,619 VPD
Subject Property
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Buckhead Highlights & Hotels
Subject Property
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area
Representative Photo
Location Maps
400
Chastain Park
Brookhaven
Buckhead
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area
2015 Demographics (Esri)
1 mile
Population 9,941
Households 5,317
Average Household Income $131,716
3 mile
Population 97,616
Households 47,614
Average Household Income $120,394
5 mile
Population 252,357
Households 120,415
Average Household Income $108,177
Demographics & Traffic Count
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area About The Area
Buckhead Buckhead is at the center of Atlanta's most thriving district for business, shopping, fine dining, and nightlife. You could have a second career of discovering all the area has to offer. It has been called "The Beverly Hills of the East." Buckhead is, indeed, an exceptional place. It is a community that shines with vitality and vision. Buckhead is one of the country's largest urban mixed-use development areas, combining major offices, retail outlets, hotels, restaurants, entertainment spots and high-rise residential units within its commercial core. And closely surrounding its bustling business center, beneath a community-wide tree canopy, are serene and stable neighborhoods. Everything is here, and everyone is welcome. It's a great place to visit, to play, to work, to live. It's such a major part of Atlanta that if you don't know Buckhead, you don't know Atlanta! The facts speak for themselves: Atlanta's largest percentages of population and employment growth have occurred here year after year. Buckhead had about a ten percent increase in its commercial space in recent years, when much of the country was talking recession. We now have access to the Interstate Highway system (and the rest of the world) through the extension of Georgia Highway 400. Buckhead is also a haven for entrepreneurs. Inc. Magazine identified Buck-head as the community with "the greatest concentration of small companies anywhere in the U.S." and Pricewaterhouse Coopers, describes Buckhead as one of the "nation's best sub cities".
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Broker Profile
ANDY LUNDSBERG Andy Lundsberg joined Bull Realty with over 10 years of sales, marketing and real estate experience. Within Bull Realty, he specializes in the acquisition and disposition of multifamily and boutique retail/office type properties in-town Atlanta. Andy is recognized as a top producer at Bull Realty, and has consistently achieved the Atlanta Commercial Board of Realtors Million Dollar Club designation year after year. Prior to his career in commercial real estate, Andy worked for a national diagnostic imaging company as director of sales and marketing, Coca-Cola as a business development manager and was head of on-site sales and marketing for a condominium project with a large residential real estate firm in Atlanta. With his expertise in the real estate industry and successful sales record, he can help you determine the right investment for you; whether you are looking to buy, lease or sell commercial real estate. Andy graduated with honors from The Kelley School of Business at Indiana University where he received degrees in Marketing, Management and International Studies. He also studied and lived in Seville, Spain and is conversational in Spanish. Organizations: National Association of Realtors-Georgia Atlanta Commercial Board of Realtors Young Council of Realtors (YCR) Million Dollar Club-Life Member Bull Realty is a U.S. commercial real estate sales, leasing and advisory firm headquartered in Atlanta. The firm was founded in 1998 with two primary missions: grow a company of brokers known for integrity, and provide the best disposition marketing in the nation. Commercial real estate services include acquisition, disposition, project leasing, tenant representation and advisory services. Areas of expertise include office, retail, industrial, multifamily, land, healthcare, single tenant net lease, special asset, self-storage, automotive and daycare
properties. Disposition services for appropriate properties can include exposure on up to 415 websites, 17 marketing systems and 4 to 6 e-marketing systems. Additional disposition and lease marketing services may include video, social media, auctions and national radio exposure. The firm hosts the Commercial Real Estate Show, a nationally syndicated talk show about commercial real estate. The weekly show has been on the air for over
4 years. The show is nationally syndicated on 40 radio stations and is available on iTunes and the show website CREshow.com. Bull Realty is licensed in nine southeast states and works with affiliates from all over the country.
Andy Lundsberg Partner(404) 876-1640 x 107 [email protected]
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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Tuxedo Atrium Buckhead/Atlanta Area Confidentiality Agreement
This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersigned party (“Receiving Party”), the owner of the subject property (the “Seller”) and undersigned broker Bull Realty Incorporated (“Broker”). Now therefore in consideration of the privileges granted to Receiving Party with respect to receiving certain confidential information, and other good and valuable consideration, the Receiving Party hereby agrees to the following: I. Confidential Information: Receiving Party will receive confidential information regarding property referred to as 3833 Roswell Road, Atlanta, GA 30342. Prospect agrees to not disclose to any person that the property may be available for sale or lease, or that discussions or negotiations are taking place concerning the property, n or any terms, conditions, or other facts with respect to the property, including but not limited to tenant information, lease rates, lease expirations, income and expenses, and any such possible purchase, including the status thereof. The term “person” used in this agreement shall be interpreted broadly and shall include, without limitation, any corporation, company, partnership or individual other than parties to which Broker approves in writing. Receiving Party may share information with directors, officers, employees, agents, affiliates, counsel, lending sources, accountants or representatives of Receiving Party that Receiving Party notifies of the require-ments of this Agreement. Receiving Party agrees to not contact the property owner, the management, the tenants, the lender, the vendors, the insurers, the employees or the customers of any business at the site. II. Acting as a Principal: Receiving Party hereby warrants that it is acting as a principal only, and not as a broker, regarding this contemplated transaction. Receiving Party acknowledges that Broker is working an agency capacity as representing the Seller only in this transaction and is the only Broker involved in this potential transaction. Receiving Party agrees to not be involved in any arrangement to lease or purchase the property, in whole or in part, as a lender, partner, buyer of the note, buy in foreclosure, buy from bankruptcy court, or in any other manner acquire an investment in, joint venture or control of the property, unless Bull Realty, Incorporated is paid a commission at closing as per separate agreement with Seller. This agreement will expire two years from the date hereof. III. Governing Law This Agreement shall be governed and construed in accordance with the laws of the State of Georgia.
Accepted and agreed to this _______ day of ___________________, 2015.
Receiving Party
Signature ___________________________________________________________________
Printed Name _______________________________________________________________
Title _______________________________________________________________________
Company Name _____________________________________________________________
Address ____________________________________________________________________
____________________________________________________________________
You may return the executed agreement by fax (404) 876-7073 or email [email protected] Bull Realty, Inc. | 50 Glenlake Parkway, Suite 600 | Atlanta, GA 30328
Bull Realty GA license #20209
Email ______________________________________________________________________
Phone _____________________________________________________________________
Fax ________________________________________________________________________
Broker
Signature ___________________________________________________________________
Printed Name ________________________________________________________________